Year: 2025

Egypt’s food industry exports reached more than $5.8bn during the first ten months of 2024, marking an 11% increase compared to the same period last year, Deputy Prime Minister for Industrial Development Kamel al-Wazir said on Thursday. Opening the fourth annual “Food Egypt” conference, Wazir, who also serves as Minister…

Egypt is expanding strategic partnerships with global technology leaders including Philips and General Electric to localise the manufacturing of medical imaging equipment and transfer advanced diagnostic technology, Deputy Prime Minister and Minister of Health Khaled Abdel Ghaffar said on Thursday. Opening the fourth International Radiology Conference, Abdel Ghaffar stated that…

Egypt is accelerating the implementation of a digital “Track & Trace” system for essential commodities to enhance governance and secure the national food supply chain, Supply and Internal Trade Minister Sherif Farouk said on Thursday. The digital system aims to monitor the movement of strategic goods through every stage of…

Helwan Castings (Factory 9) serves as a vital industrial stronghold capable of meeting military and civilian requirements for engineering castings that add significant value to the national economy, Minister of State for Military Production Mohamed Salah said on Thursday. During an unannounced inspection of the facility to monitor production workflows,…

Egypt has launched a unified digital platform, “Property Egypt,” to facilitate real estate ownership for foreigners and Egyptians living abroad as a primary mechanism to increase foreign currency resources, Prime Minister Mostafa Madbouly said on Thursday. The platform is designed to provide a secure digital system for property exports, ensuring…

The Chairman of Orascom Investment Holding (OIH), Naguib Sawiris, has announced his intention to compete for the management contract of the Hurghada International Airport. Sawiris revealed that OIH has recently been approached by prominent British and French firms to form a consortium, aiming to bid for the first airport the…

Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening the official approval of a major natural gas agreement with Egypt. During a press conference, Netanyahu stated: “We are actively extracting gas from our territorial waters, and our economy remains one of the strongest in the world,” emphasizing that “this gas…

Egypt has signed three grant agreements with Canada worth approximately EGP 552m to fund projects focused on women’s empowerment, food security, and refugee support, the Ministry of Planning, Economic Development and International Cooperation said on Wednesday. The agreements were signed by Minister Rania Al-Mashat and Canada’s Ambassador to Egypt, Ulric…

Egypt’s Foreign Minister Badr Abdelatty said on Wednesday that Cairo plans to establish an investment hospital in Banjul staffed by Egyptian medical professionals as part of a broader effort to deepen economic and infrastructure ties with Gambia. Speaking during a meeting with his Gambian counterpart Serigne Modou Njie in Cairo,…

The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a package of major decisions during its 71st meeting, underscoring efforts to localise industry, attract foreign investment, expand clean energy, and support regional development. Chief among the approvals was the granting of Golden Licenses to two strategic projects worth a…